Satva Coatings Private Limited

Satva Coatings Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U36100GJ2018PTC101285 Incorporated 14 March 2018 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹34.28 Cr
▲ 25% YoY
Net profit · FY 2024
₹81.08 Lakh
Net margin 2.4%
EBITDA · FY 2024
₹1.72 Cr
EBITDA margin 5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹9.34 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
4
As per MCA filings

About Satva Coatings Private Limited

Data last updated:

Satva Coatings Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 14 March 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36100GJ2018PTC101285. Its GSTIN is 24AAZCS9911Q1Z6 (Gujarat). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Janakiben Hiteshkumar Patel and Hitesh Harjivanbhai Patel.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot Shed No. 2406 Block Survey No. 512/P Vatva GIDC Estate Vatva, Ahmedabad, Gujarat, India – 382445.

As per the financials filed for FY 2024, the company reported a revenue of ₹34.28 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹81.08 Lakh (net margin 2.4%) and EBITDA of ₹1.72 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 67% over five years.

As per MCA filings, the company has open charges of ₹9.34 Cr on record. Court records list 16 cases involving the company, including 16 filed by the company; 8 cases are pending.

Satva Coatings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0045363). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satvacoatings.com.

Company details

CIN U36100GJ2018PTC101285
Registration Number 101285
Incorporation Date 14 March 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0045363
Key People
Janakiben Hiteshkumar Patel Director Hitesh Harjivanbhai Patel Director Harijivanbhai Keshavlal Patel Director

Recognitions & Rankings of Satva Coatings

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0045363

Contact details

Satva Coatings Private Limited's registered office is in Ahmedabad, Gujarat. Its website is satvacoatings.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    satvacoatings.com
  • Registered Address
    Plot Shed No. 2406 Block Survey No. 512/P Vatva GIDC Estate Vatva, Ahmedabad, Gujarat, India – 382445
  • Industry
    Manufacturing, Paint & Coatings

To see the full contact details of Satva Coatings Private Limited, buy the company report.

Comprehensive company report
Satva Coatings Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Satva Coatings is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Satva Coatings Private Limited, buy the company report.

Financials of Satva Coatings Private Limited

FY 2025 filings available

Satva Coatings Private Limited reported revenue of ₹34.28 Cr (up 25% YoY) for FY 2024.

Revenue · FY 2024
₹34.28 Cr ▲ 25%
Net profit · FY 2024
₹81.08 Lakh margin 2.4%
EBITDA · FY 2024
₹1.72 Cr margin 5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 29%
5 years · compounded
▲ 67%
EBITDA CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 24%
5 years · compounded
▲ 45%

Revenue has grown at a compounded annual rate (CAGR) of 67% over five years, including 25% growth in the latest year. EBITDA rose 59% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.72 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹81.08 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5%
Net Profit Margin2.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Satva Coatings Private Limited, buy the company report.

Board of directors of Satva Coatings Private Limited

Satva Coatings has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Janakiben Hiteshkumar Patel
Also directs: Amura Industries Private Limited
Director14 Mar 20188 Years 7 MonthsCurrent
Hitesh Harjivanbhai Patel
Also directs: Satva Chemtech LLP, Amura Industries Private Limited
Director14 Mar 20188 Years 7 MonthsCurrent
Harijivanbhai Keshavlal PatelDirector14 Mar 20188 Years 7 MonthsCurrent
Navnitbhai Chandubhai Patel
Also directs: Satva Chemtech LLP, Chitra Impex Private Limited
Director15 Jul 20224 Years 3 MonthsCurrent
View all directors

Auditor

Satva Coatings Private Limited is audited by H. B. PATEL & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
H. B. PATEL & ASSOCIATESFY 2023115358W

Shareholding

The shareholding of Satva Coatings Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Satva Coatings Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9.34 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹9.34 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Nov 2021100506048Others₹6.14 CrOpen
28 Sep 2018100212811Others₹3.2 CrOpen

To see the full charge records of Satva Coatings Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Satva Coatings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Satva Coatings has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AAZCS9911Q1Z6GujaratActive28 Jun 2018
07AAZCS9911Q1Z2DelhiActive04 Oct 2019

To see the full GST registrations and return filing status of Satva Coatings Private Limited, buy the company report.

Recent activity

Satva Coatings Private Limited has 5 board changes on record since 2018: 4 appointments and 1 cessation. The latest: Navnitbhai Chandubhai Patel was appointed as Director on 15 Jul 2022.

AGM
Satva Coatings Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 614.15 Lakh registered on 17 Nov 2021 with Charge ID 100506048 was modified on 12 Aug 2025.
Filing
Satva Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Navnitbhai Chandubhai Patel was appointed as Director.
Ceased
Sureshbhai Khodidas Patel ceased to be Director.
Charges
A charge with Others amounted to Rs. 614.15 Lakh with Charge ID 100506048 was registered on 17 Nov 2021.
Charges
A charge with Others amounted to Rs. 320.00 Lakh with Charge ID 100212811 was registered on 28 Sep 2018.
Appointed
Harijivanbhai Keshavlal Patel was appointed as Director.
Appointed
Hitesh Harjivanbhai Patel was appointed as Director.
Appointed
Janakiben Hiteshkumar Patel was appointed as Director.
Incorporation
14 Mar 2018
Satva Coatings Private Limited was registered on 14 Mar 2018 with Roc Ahmedabad & aged 8 years 7 months as per MCA records.

Frequently asked questions

Satva Coatings is an active private limited company based in Ahmedabad, Gujarat, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 14 March 2018 (8+ years old) and is registered under CIN U36100GJ2018PTC101285.

Satva Coatings has 4 current directors:

The latest financial statements of Satva Coatings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Satva Coatings is 24AAZCS9911Q1Z6, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAZCS9911Q1Z2 (Delhi).

The CIN (Corporate Identification Number) of Satva Coatings is U36100GJ2018PTC101285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Satva Coatings has 16 court cases on record: 16 filed by the company. 8 are pending.

Satva Coatings was incorporated on 14 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Navnitbhai Chandubhai Patel was appointed as Director on 15 Jul 2022. Sureshbhai Khodidas Patel ceased to be Director on 15 Jul 2022. Harijivanbhai Keshavlal Patel was appointed as Director on 14 Mar 2018. Satva Coatings has 5 board changes on record in total.

Yes, Satva Coatings is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0045363).

Satva Coatings can be reached through the website satvacoatings.com. Its registered office is in Ahmedabad, Gujarat, India.